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H20 Networks Ltd (04896797): administration

Status
Administration ended
Administration began
2011-04-18
Administrators' firm
PwC
Incorporated
2003-09-12
Location
Leeds
Industry
6420

Why it went into administration

From the administrators' statement

The admimstrators (Toby $ Underwood and David J Kelly (“the Administrators”) of PricewaterhouseCoopers (“PwC”) were introduced to the Company by its funder Total Asset Limited (in administration) (“TAL”)

28 February 2011 to 4 April 2011 — administrators in waiting / limited forensic review

TAL approached the Administrators on 28 February 2011 due to concerns surrounding the Company’s abihty to service its debt and the stalling negotiations with the Company’s directors on a compromise solution TAL requested the Administrators’ consent for their names to be included on a creditors’ petition

Administrators' statement of proposals (2011-06-15) · Companies House register

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H20 Networks Ltd (04896797)

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